Why Keurig Dr Pepper Stock Was Sliding Today

The beverage giant came up short on the top line and surprised investors with an acquisition. Shares of Keurig Dr Pepper (KDP -5.44%) were heading lower today after the beverage giant posted disappointing results in its third-quarter earnings report. The company also said it would acquire Ghost, a maker of energy drinks. As of 9:58 a.m. ET, the stock was down 4.3% on the news. Keurig comes up short Keurig Dr Pepper reported revenue in the quarter up 2.3% to $3.89 billion, which was short of estimates at $3. ...